The independent investment dealer with $5 billion under management says now that the spot price appears to have found something of a floor, the sell-off may begin to slow down.

But the Vancouver-based firm cautions that the shares of producers and developers "remain at or above their indexed price point of 12 months ago, when spot uranium was $40.70 U3O8, a 40% premium to current spot".

There may be more pain ahead.

Source: Capital IQ, UxC, Haywood

Image of German electronic band Kraftwerk performing Radioactivity by Franz Schuier.